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1950 Houston St Broken Arrow, OK 74012

OFF-MARKET Land Google Maps
2.5 ac lot
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional 2.5-acre commercial land parcel in Broken Arrow, Oklahoma, presents a unique investment opportunity. Located at 1950 W Houston St, zip code 74012, in Tulsa County, this property is ideally situated in an established area with high-density residential and retail development at all four corners. Currently zoned for multifamily use, the entire frontage is undergoing rezoning to accommodate commercial shopping, including retail and restaurant uses, offering significant flexibility for future development. The site boasts a heavily treed landscape and backs up to expansive greenbelt areas on three sides, providing a tranquil setting while maintaining excellent accessibility. This prime location offers easy access to major thoroughfares and a thriving community. The asking price is $714,000. This property is perfect for developers seeking to capitalize on the growing demand for both multifamily and commercial spaces in this desirable area of Broken Arrow. The potential for a mixed-use development is particularly attractive, given the existing zoning and the ongoing rezoning efforts. Serious inquiries are encouraged to explore the possibilities of this exceptional land offering.

Property profile

Verified
Property type Land
Lot 2.5 ac (108,900 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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